Morocco’s Economic Recovery Will Be Difficult

“The challenge for the coming period is to revive the national economy and resume business, trade and services activity, relying on the joint efforts of all stakeholders”. The head of government’s statement went almost unnoticed, so much so that attention has been focused on the new confinement measures in recent days. However, this announcement is very important.

This country deserves a boost in economic recovery for the good of all. While learning to live with the Coronavirus, the economic machine must be unblocked.

But how can we get things going again when large cities, including Casablanca, are classified as Zone 2, a zone where strict confinement normally remains and where many shops are still not allowed to open?

Most companies have already started a business start-up and have taken steps to ensure that employees who cannot continue to work from home return to their jobs. But their usual pace is inevitably disrupted. Hence El Othmani’s call for the entire ecosystem to follow a new dynamic. This will undoubtedly take a little longer and then “a medium-term economic take-off plan will be put in place, which goes hand in hand with the work to renew the development model,” explained El Othmani.

In this regard, the Minister of Industry, Moulay Hafid Elalamy, was optimistic. Moulay Hafid Elalamy notes that the period we have lived through has revealed national skills that have adapted to the crisis with “hard” work, particularly in the agri-food sector. Moral of the story: let’s trust the Executive and adapt to the current situation, because the recovery will be difficult, but essential.

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